Sobha's net profit registers 15% growth in Q3 FY19

BENGALURU: Real estate developer Sobha Ltd posted a 15% growth in net profit for the quarter ended December 31, 2018, on improved demand in its main markets. The company’s net profit climbed to Rs 69.5 crore in the three months ended December 2018, the company said in a statement.

Where to invest money in 2019 for better returns? Find out

The Interim Budget 2019 was partly about politics, but has also thrown open investment opportunities across multiple themes. The budget has made a clear attempt to cater to the needs of farmers and the neo middle class. Slippage on the fiscal deficit was also restricted to just 10 bps in the current fiscal though it increases to 30 bps in the next fiscal.

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